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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 214.25-3.1%Jan 6 3:59 PM EST

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To: Mani1 who started this subject1/29/2002 1:25:13 PM
From: andreas_wonischRead Replies (7) of 275872
 
AMD to buy MIPS processor startup Alchemy

eet.com

AUSTIN, Texas — Advanced Micro Devices Inc. plans to acquire Alchemy Semiconductor Inc. and pit that company's MIPS-based processor architecture against Intel Corp.'s Xscale processors, broadening an already fierce rivalry to the embedded front, sources said.

The acquisition will also position AMD against other MIPS licensees, including Integrated Device Technology Inc., NEC Corp., PMC-Sierra Inc., and Toshiba Corp.


Hm, I don't think it's a very idea to compete with Intel in yet another market. And ARM licensees look a lot more attractive to me than MIPS. Any guesses on how expensive this acquisition will be for AMD (if true)?

Andreas
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